Coronavirus: Working from Home… Sowerby, like many other firms, have been doing a lot more working from home since the start of the Covid-19 outbreak. Use of the acronym ‘WFH’ might have brought you confused looks a few weeks ago, but seems part of everyday language now. While that brings up a....
Coronavirus: Job Retention Scheme Live Date Announced… The Chancellor, Rishi Sunak, called on HMRC to assist with delivering financial support to businesses during the coronavirus outbreak. One of the biggest measures introduced so far is the Covid-19 Job Retention Scheme (JRS) which is scheduled to go live later this month. HMRC have announced....
Coronavirus: Employers and Statutory Sick Pay… We cover some of the details of the Statutory Sick Pay Rebate Scheme (SSPRS) introduced as a result of Covid-19. When is SSP due in relation to Coronavirus? Its important to divide employees into three categories affected by coronavirus. Those unavoidably absent from work before 13 March.....
Coronavirus: Furloughing and Job Retention Scheme – Frequently Asked Questions… How long will the scheme run for? The intention is for the scheme to run for at least three months from 1 March 2020 but it will extended if necessary. How do I choose which staff are going on furlough? There must be....
Coronavirus: Self Employed Income Support Scheme – Frequently Asked Questions… I work in construction as a subcontractor. My site is still open, and I have been informed I should be attending work. I have no underlying health issues but do not feel safe attending site. Where do I stand? There has been no....
Coronavirus: Changes to Insolvency Rules… The government are making changes to the way formal insolvency and wrongful trading rules operate to allow businesses affected by the coronavirus crisis to continue to trade through the exceptional circumstances that they currently face. This statement was made on 28 March but the changes will have retrospective....
Coronavirus: Funding if you are Self-Employed.. The government unveiled measures on 26 March to support the majority of self-employed workers experiencing trading difficulties due to Covid-19. Key details of this scheme and first steps to considering whether you are eligible are included below. Information about funding is changing rapidly and the information below is correct as at 26....
Coronavirus: How to Avoid Scams… Unfortunately, whilst many of us are concerning ourselves with helping others and getting through this difficult time, the Covid-19 pandemic has become a perfect playground for scammers. As of Friday 20 March, City of London Police reported a 400% increase in scams as a result of coronavirus-related fraud. The....
Coronavirus: Help for the Self Employed… The government is expected to finalise details of a funding plan for self-employed workers on 26 March. Details are to be confirmed but the initial outlook appears encouraging with the draft amendment suggesting that the government will ‘top’ up self-employed workers’ earnings to the lower of 80%....
Coronavirus: Business Support Measures Summary… Since the budget on March 11, which contained various coronavirus related business support measures, there have been an unprecedented number of further announcements, extensions, and revisions. These are still being made daily and more are expected. Our quick guide with links to the detail is laid out below,....